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GuoHuo Aviation Starts IPO Subscription; JD Logistics Fully Promotes “Three Networks in Parallel”; GoodCang Becomes a Partner Warehouse for TikTok Shop
Release Date：2024.12.20 Cate：News1. GuoHuo Aviation Starts IPO SubscriptionOn December 20, GuoHuo Aviation, which plans to list on the Shenzhen Stock Exchange’s main board, officially started its IPO subscription. The company will issue a total of 132.118 million shares, with 19.818 million shares available for public subscription. The IPO price is set at 2.30 yuan per share, with a price-to-earnings ratio of 25.56x. The subscri
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International Freight Forwarder Company Announces IPO Plans；China COSCO Shipping and DHL Chengdu Gateway Expansion and Operation
Release Date：2024.12.19 Cate：News1. International Freight Forwarder Company Announces IPO Plans December 19 News: New Century Logistics (NASDAQ: NCEW), founded in July 2002 and headquartered in Hong Kong, employs 46 people and is an international freight forwarding and logistics service provider. The company plans to issue 1.3 million shares at a price range of $4 to $5 per share to raise $6 million, a 50% decrease from the previ
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FedEx, UPS, and USPS Announce Surcharge Increases for 2025；DHL Enhances Logistics Network in Asia-Pacific；Eastern Airlines Logistics Completes ¥15 Million Deal
Release Date：2024.12.18 Cate：News1. FedEx Changes Additional SurchargesOn December 18, FedEx announced that it will introduce new surcharges and adjust some existing ones next month. For U.S. import handling fees, starting from January 13, 2025, all international shipments imported into the U.S. (except FedEx International E-commerce shipments) will incur fees related to customs clearance processing. Regarding additional service
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Trump considers privatizing the U.S. Postal Service; three major Chinese airlines release latest cargo data; China Post launches new flight routes
Release Date：2024.12.17 Cate：News1.Trump considers privatizing the U.S. Postal ServiceOn December 17, it was reported that sources familiar with the matter revealed that U.S. President-elect Donald Trump has shown strong interest in privatizing the U.S. Postal Service in recent weeks. The U.S. Postal Service has accumulated losses exceeding $100 billion since 2007. In the fiscal year ending September 30, 2024, the company posted
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Temu, a subsidiary of Pinduoduo, officially registers in Thailand; China Southern Logistics achieves a new breakthrough; JD Logistics signs important new cooperation
Release Date：2024.12.17 Cate：News1.Temu, a subsidiary of Pinduoduo, officially registers in ThailandOn December 16, it was announced that Temu, the cross-border e-commerce platform under Pinduoduo, has officially registered a legal entity in Thailand, named "WHALECO TECHNOLOGY (THAILAND) LIMITED." The company was registered on November 11, 2024, with a registered capital of 2 million Thai Baht. The shareholders are from
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Temu Tops Download Charts; Wanb Express Becomes TikTok's Warehouse Partner; Sinotrans Repurchases 6.38 Million A-shares
Release Date：2024.12.06 Cate：News1. Temu Tops Market Download Charts On December 6, according to data from the App Store and Google Play Store, Temu and Mercado Libre ranked first and second in the November download charts, with 4.8 million and 4.77 million downloads, respectively. Temu's diverse product categories and low-price strategy have attracted a large number of Brazilian consumers, while Mercado Libre, as Latin Ameri
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AliExpress "Black Friday Shopping Frenzy" Continues, Cainiao International Express Sees Double-Digit Growth in Shipments to Core European and American Markets
Release Date：2024.12.05 Cate：NewsInside the cross-border warehouses of Cainiao and AliExpress in Dongguan, a wide variety of goods such as action figures, holiday decorations, wigs, and makeup brushes are lined up, ready for dispatch and to board international flights heading to global markets.This year’s "Black Friday and Cyber Monday" event saw explosive sales on AliExpress, with several core markets reporting impres
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DHL Acquires an E-commerce Fulfillment Company; FedEx Cargo Hub Sees Volume Drop by 96 Million Pounds; SF Express and Loctek Take New Overseas Warehouse Actions
Release Date：2024.12.05 Cate：News1. DHL Acquires an E-commerce Fulfillment Company On December 5, it was reported that DHL Supply Chain recently acquired a controlling stake in e-commerce fulfillment solutions company Brandpath, which is part of PJ Investment Group (PJIG). Brandpath provides fulfillment services to several well-known e-commerce businesses and brands, including Google and ShipBob. Following the acquisition, Brandp
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China Southern Air Logistics Eyes Main Board IPO; TEMU Accelerates Expansion in UK; SHEIN Tops Best New Platform Ranking
Release Date：2024.12.04 Cate：News1.China Southern Air Logistics Aims to Raise Over 6 Billion Yuan in IPOOn December 4, China Southern Air Logistics updated its financial data for its main board IPO. The company plans to raise approximately 6.08 billion yuan, with the funds earmarked for the purchase of freighters and digitalization projects. China Southern Air Logistics' primary businesses include express air transport, compr
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When E-commerce Platforms Become Your Largest Client, You May Lose All Other Clients!
Release Date：2024.12.03 Cate：NewsWith the rise of the fully managed model of e-commerce platforms, air freight rates have remained high, and global aircraft capacity has been persistently tight. The semi-managed model has led to a shortage of overseas warehouse space, with the entire cross-border logistics industry facing overall capacity shortages.As e-commerce platforms' shipment volumes grow, all service providers across t
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Jiacheng International Accelerates Overseas Warehouse Expansion; Cainiao Partners with Qatar Airways; China Post to Launch an International Hub Center
Release Date：2024.12.03 Cate：News1. Jiacheng International Accelerates Global Overseas Warehouse Expansion On December 3, it was reported that the full-scale operation of Jiacheng International Port and the addition of new export logistics services for a world-renowned large cross-border e-commerce platform are expected to bring significant economic benefits. To further enhance its core competitiveness in cross-border e-commerce,
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Temu's GMV Growth Rate Slows to 15%; A Logistics Giant Plans to List in Hong Kong; China Southern Airlines Releases November Export Cargo Data
Release Date：2024.12.02 Cate：News1. Temu's Q3 GMV Growth Rate Slows to 15%On December 2, it was reported that Pinduoduo's latest quarterly report showed that its transaction services revenue, including Temu, reached RMB 50 billion. However, its growth rate dropped significantly from 234% in the previous quarter to 72%, missing market expectations by RMB 3 billion. Notably, the growth momentum of Temu, Pinduoduo's cros
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SF Express Raises 5.6 Billion HKD in IPO; Eastern Airlines Logistics Completes Nearly 50 Million CNY Transaction; Winit and Xiyou Become TikTok Integrated Warehouses
Release Date：2024.11.28 Cate：News1.SF Express Holdings Raises 5.6 Billion HKD in Hong Kong IPO On November 28, it was announced that SF Express Holdings Co., Ltd. officially listed on the Hong Kong Stock Exchange, becoming the first "A+H" listed company in the express logistics industry. The IPO price was set at 34.3 HKD per share, with a total issuance of 170 million shares. After deducting issuance expenses, the net p
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Yinghe International Logistics Makes a Stunning Appearance at the Wuhan E-commerce Expo!
Release Date：2024.11.28 Cate：NewsFrom November 22 to 24, the 2024 9th Wuhan International E-commerce and Digital Trade Expo (referred to as the "Wuhan E-commerce Expo") was held at the Wuhan International Convention and Exhibition Center (Hankou). The event aimed to promote innovation and development in the e-commerce industry, help businesses build new online channels, optimize their industrial chain layouts, and foste
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Jiacheng International Establishes Three Overseas Subsidiaries; Latest Top 100 Chinese Freight Forwarders List Released; Cainiao Launches Largest Air Cargo Terminal in Hong Kong
Release Date：2024.11.27 Cate：News1.Jiacheng International Establishes Three Overseas SubsidiariesOn November 27, Jiacheng International announced the establishment of three wholly-owned overseas subsidiaries in Singapore, Thailand, and Vietnam. These subsidiaries will primarily handle cross-border e-commerce logistics services, overseas warehousing, and other related businesses. The registered capital for the Singapore company is
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China Southern Airlines Plans to Sell 10 Aircraft; TEMU Dominates Global Top 5; Sinotrans Launches New Cargo Route
Release Date：2024.11.26 Cate：News1.China Southern Airlines Plans to Sell 10 AircraftOn November 26, China Southern Airlines announced on its official website that it is considering selling 10 Boeing 787-8 aircraft and two spare GEnx-1B70/P2 engines to a qualified buyer. The transaction is subject to approval by the airline's board of directors. Notably, China Southern owns exactly 10 Boeing 787-8s. According to the airline’s
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How Should Sellers Still Searching for Logistics Providers During Peak Season Adjust Their Supplier Procurement Strategy?
Release Date：2024.11.25 Cate：NewsSteven Wang: As the peak season of Black Friday, Cyber Monday, and Christmas approaches at the end of the year, the cross-border logistics industry is also gearing up for its busiest period. With limited resources and service capabilities across the logistics sector, the peak season often faces capacity shortages, insufficient transportation options, and longer fulfillment times. Every year, peak
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Q3 Revenue Growth of 44% for Pinduoduo; Temu's Growth Momentum Weakens; October Cargo Data Released by Six Major Listed Airlines
Release Date：2024.11.25 Cate：News1.October Cargo Data Released by Six Major Listed AirlinesOn November 25, several A-share listed airport and airline companies released their performance forecasts for October 2024. China Southern Airlines reported a cargo and mail volume of 163,300 tons, with 75,600 tons on international routes. Air China's cargo and mail volume reached 137,600 tons, with 42,000 tons on international routes.
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FedEx and UPS Announce 2024 Year-End Shipping Deadlines! Kuehne+Nagel Launches New Freight Forwarding Service!
Release Date：2024.11.21 Cate：News1.FedEx Announces 2024 Year-End Shipping Deadline On November 21, FedEx announced its 2024 holiday shipping deadlines. According to the announcement, the cutoff dates for different FedEx services are as follows: FedEx Ground Economy: December 13；FedEx Ground and Home Delivery: December 17；FedEx Express Saver: December 19； FedEx 2Day and FedEx 2Day A.M.: December 20 ；FedEx First, Priority, or
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Temu Plans to Introduce a Third-Party Platform Model; SHEIN Lowers Entry Requirements; Gukang Becomes One of Temu's First European Partner Warehouses
Release Date：2024.11.20 Cate：News1.Temu Plans to Introduce a Third-Party Platform Model On November 20, it was reported that Temu is considering launching a third-party platform model, similar to Taobao, where merchants can select products, set prices, open stores, and ship overseas, with the platform charging a transaction commission. Initially, Temu adopted a fully-managed model where merchants delivered goods to domestic wareh
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USPS Announces New Rate Adjustment; Temu’s Semi-Managed Platform to Launch New Site; Latest Update on SF Express Hong Kong IPO
Release Date：2024.11.19 Cate：News1.USPS to Raise Rates On November 19, it was announced that starting January 19, 2025, USPS will increase the rates for shipping Priority Mail packages by an average of 3.2%, while USPS Ground Advantage rates will rise by 3.9%. Online sellers face a more complex landscape, as many platforms and delivery services offer discounted rates through USPS Connect eCommerce. In addition, sellers on platfor
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Has the Full-Fulfillment Model Growth of E-commerce Platforms Peaked, and Has Demand for Logistics Real Estate in the Pearl River Delta Cooled Down?
Release Date：2024.11.18 Cate：NewsSteven Wang: In the past 2-3 years, the full-fulfillment model in cross-border e-commerce has seen explosive growth, creating significant demand for fulfillment warehouses in the Pearl River Delta region. For example, last year, cross-border e-commerce giants SHEIN and TEMU established millions of square meters of fully-managed warehouses in the region. Driven by the full-fulfillment model, cross-
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JD Logistics Plans to Acquire a Logistics Asset; Kuehne+Nagel Acquires a Well-known Logistics Company; USPS Announces Latest Financial Results
Release Date：2024.11.18 Cate：News1.JD Logistics May Acquire a Logistics Asset On November 18, news broke that JD Logistics and private equity firm Hillhouse Capital are in advanced talks to acquire local logistics assets in Indonesia from the LOGOS Group. This potential deal could help JD Logistics expand its business footprint in Southeast Asia, according to multiple sources speaking to DealStreetAsia. Source: DealStreetAsia 2.
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SHEIN Founder Becomes the Tri-Champion of the Global Fashion Industry; JD Logistics Q3 Revenue Hits 44.4 Billion; TikTok Doubles Down on the U.S.
Release Date：2024.11.15 Cate：News1.SHEIN Founder Becomes Fashion Industry Tri-Champion On November 15, Forbes released the "2024 China Rich List," where Xu Yangtian, founder of cross-border fast-fashion giant SHEIN, topped the fashion and retail sector with a fortune of $9 billion (approximately 64.4 billion RMB). Additionally, Xu ranked 180th on the 2024 Forbes Global Billionaires List. In the global fashion retail in
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Eastern Airlines Logistics, China Southern Airlines Logistics Updates! Temu, Shein, AliExpress, and TikTok Account for 21% of Global Holiday Purchases
Release Date：2024.11.14 Cate：News1.Eastern Airlines Logistics and China Southern Airlines Logistics Release "Double 11" Cargo Data On November 14, reports revealed that between October 21 and November 11, Eastern Airlines Logistics handled over 26,000 inbound and outbound flights at Shanghai Pudong and Hongqiao airports, processing more than 130,000 tons of cargo. This represents a 7% year-on-year increase and a 15% mon
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4PX Showcases at CIIE Summit Forum, Explores New Opportunities in International Logistics!
Release Date：2024.11.14 Cate：NewsAs an important supporting event in the transportation and logistics sector of the CIIE, 4PX was invited to participate, joining industry elites from both domestic and international logistics sectors to explore new opportunities in international logistics within the context of evolving global trade scenarios. The event aimed to offer insights and strategies for the integrated development and innov
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TEMU's Major Pricing Adjustment; China Post Adds and Expands Cargo Routes, Another Well-Known Freight Forwarder Acquired!
Release Date：2024.11.13 Cate：News1. TEMU's Major Pricing Adjustment for Semi-Fulfillment On November 13, TEMU announced a significant adjustment to its semi-fulfillment pricing rules for Mainland China/Hong Kong entities, effective from November 10. The specific rules are as follows: For Mainland China/Hong Kong entities, the supply price and sale price will decrease by the same absolute amount, meaning if the supplier's
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SF Express Passes HKEX Hearing; An International Logistics Company Updates IPO Prospectus; SHEIN's Physical Company Reaches $8.3 Billion in Annual Sales
Release Date：2024.11.12 Cate：News1.SF Express Passes HKEX Listing Hearing On November 12, it was reported that SF Holding Co., Ltd. has passed the Hong Kong Stock Exchange (HKEX) main board listing hearing and has launched its PDIE (Pre-Deal Investor Education). SF Express is set to become the first courier company to be listed on both the A-shares and H-shares ("A+H"). Previously, on November 11, SF Holding (002352) in
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DHL Abandons a Major Logistics Acquisition; SF Express Reduces IPO Fundraising in Hong Kong; Aoji Corporation Successfully Goes Public
Release Date：2024.11.11 Cate：News1. DHL Abandons a Major Logistics Acquisition On November 11th, DHL Group CEO Tobias Meyer cautiously indicated during a recent earnings call that DHL may not participate in the bidding for U.S. freight forwarding company GXO Logistics, which had been rumored to be up for sale since early October. Meyer stated that DHL, currently the second-largest global freight forwarder after Kuehne+Nagel (thou
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What's the Hype about Yiwu's Digital Supervision Consolidation Warehouse for "Pre-Inspection Before Loading"?
Release Date：2024.11.08 Cate：NewsOn October 29, Xinhua published an article titled "China's Economic Sample Observation - County Sample Series | Yiwu: How the 'World's Supermarket' Continues to Thrive," stating that Yiwu's continued momentum is attributed to "reform and innovation," which has allowed it to rise above challenges and continue flourishing. Media Focus on the "Pre-Inspect
- 2024-12-20
- 2024-12-19
- 2024-12-18
